Liquid 2
ISDA Financial Life, founded in 1960, plays a key role in the financial services sector by providing annuity and life insurance policies to its members. Serving as a tax-exempt, non-profit company owned by its members and regulated by the state it serves, ISDA offers an assortment of low-risk and high-return annuity, IRA, and life insurance solutions. With an objective to generate income for its members, the company seeks to maximize growth for every account it manages.
Liquid 2
Ratings:
- A.M. Best -
About Product
Traditional Fixed Annuity Interest Rates
| Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
|---|---|---|---|
| 2 | 4% | 3.5% | 4% |
A fixed annuity is a contract whereby for the premium or multiple premiums received, ISDA agrees to pay the Owner income from this annuity at a later date. Annuities are meant to provide funds for retirement and are considered to be long term.
Note: If an Owner other than the annuitant purchases the annuity, that Owner shall have control of the annuity contract issued until ownership is transferred to the annuitant.
Minimum Deposit
$5,000 – Maximum $500,000 (Q/NQ)
Additional deposits are accepted through the life of the policy with decreasing surrender charges.
Issue Age
0-95
Free Withdrawals
- Interest W/D After 30 Days
- 10% of cash value at 1st anniversary (contractual)
- plus 5% of cash value at 1st anniversary (fraternal benefit)
- RMD for qualified plans
- Death of annuitant
- Annuitization – 2 year minimum
- Additional deposits do not reset penalty
The death benefit payable at the death of the Annuitant shall be the contract cash value as of the date of death. The contract cash value is (1) the sum of premiums paid plus (2) interest credits plus (3) any dividends added less (4) any withdrawals.
Riders
No Riders for Liquid 2 annuity.
Waivers
Death
Free Withdrawals Without ISDA Surrender Charges: Death of annuitant
Annuitization
Free Withdrawals Without ISDA Surrender Charges: Annuitization – 2 year minimum
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